Giftware Shop For Sale
Business for sale
Asking Price:
£60,000
Turnover:
£148,000
Annual profit:
50k to 99k
Audited accounts:
No
Management accounts:
Yes
Business description
The business was established 9 years ago by the current owner and has developed an excellent reputation.The business sells a wide variety of giftware, pictures and greeting cards including top gift brands such as the “Nigella Lawson collection”. The emphasis is on quality products and reasonable prices. This is a superbly located business which continues to be a very successful despite minimum input from the owner due to family commitments.GENERAL INFORMATION
Years established: 9
Employees: 3
Trading hours: 9.00 - 5.30 Monday to Saturday
Property: Leasehold
Lease terms
3 years, 2 months remaining on a 9 year lease with a rental of £8,000 per annum. Next rent review June 2008.
Location
The shop is located in the centre of an attractive and affluent Gloucestershire town. Theshop occupies a ground floor unit in an attractive and historic building. The building was converted from a hotel to an extremely high standard. The shop has a light and airy feel and is decorated in a contemporary style. Easy to operate and good levels of profitability.
Reasons for selling
Family commitments
Advert ref: 3293PS
Employee details
Fulltime staff:
3
Parttime staff:
0
